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Topic: Coinbase and GDAX reject JihanCoin, price reacts positively - page 2. (Read 931 times)

sr. member
Activity: 644
Merit: 264
Aurox
https://twitter.com/coinbase/status/887703206435758080

https://blog.gdax.com/uahf-a703b6a13115

As soon as we saw the news of the ridiculous hardfork getting rejected by big exchanges the price started skyrocketing, along with BIP91 activation soon lockin segwit.

Now after segwit locks in, all we need is that everyone makes sure to keep running Bitcoin Core and not btc1 (segwit2x software) in order to keep certainty instead of risking a 40 billion market running some subpar software, and we will go to $10,000 soon as it becomes clear no hardfork is going to happen.

This is really a good sign and possibly a good news that Jihan will be out of the picture. He is making bitcoin look worse by making foolish statements. Anyway if there will be no more hardfork and BIP 91 will be activated and implemented there will be no more split that will happen and bitcoin can continue to go the old business and be stronger again on August 1. But if BIP 91 will not be implemented I am sure panic selling and huge dumps will again flood the different exchanges as it happened a week ago. But I am positive that BIP 91 will be the last resort and all miners will supporting it. And so more power to us and more power to bitcoin.
sr. member
Activity: 336
Merit: 250
I believe the hardfork they are talking about is "Bitcoin ABC"
It's called Bitcoin Cash, and they have the support of Bitcoin ABC.  It's basically the "UAHF" that BITMAIN were talking about.  bitcoincash.org.

I do respect that they're phrasing it like it's an altcoin and their development of BTC.
As soon as we saw the news of the ridiculous hardfork getting rejected by big exchanges the price started skyrocketing, along with BIP91 activation soon lockin segwit.
The price is absolutely no indicator of anything right now.  It's just random and irrational speculation about Bitcoin's future and it makes no sense.

The users of Coinbase should have a right to their "Bitcoin Cash" in the same way that they should have a right to their ordinary coins.  Otherwise, it's just glorified theft from Coinbase.


It's not theft if they announce it two weeks in advance.

I have the impression it might be more of a technical decision, and not a political one:

http://www.newsbtc.com/2017/07/20/coinbase-will-not-support-user-activated-hard-fork-blockchain-due-incompatible-bitcoin-ruleset/
hero member
Activity: 1792
Merit: 534
Leading Crypto Sports Betting & Casino Platform
I believe the hardfork they are talking about is "Bitcoin ABC"
It's called Bitcoin Cash, and they have the support of Bitcoin ABC.  It's basically the "UAHF" that BITMAIN were talking about.  bitcoincash.org.

I do respect that they're phrasing it like it's an altcoin and their development of BTC.
As soon as we saw the news of the ridiculous hardfork getting rejected by big exchanges the price started skyrocketing, along with BIP91 activation soon lockin segwit.
The price is absolutely no indicator of anything right now.  It's just random and irrational speculation about Bitcoin's future and it makes no sense.

The users of Coinbase should have a right to their "Bitcoin Cash" in the same way that they should have a right to their ordinary coins.  Otherwise, it's just glorified theft from Coinbase.
sr. member
Activity: 336
Merit: 250
meh, this rise is only about the fact that FUD vanished from the market and then with every block that is mined we get 1 step closer to activation of SegWit and now we are nearing the time when FOMO kicks in.
the latest candle shows a small sign of this FOMO with its sharp rise about $100

Lol, I like your user name and your avatar!  Grin
hero member
Activity: 1456
Merit: 579
HODLing is an art, not just a word...
meh, this rise is only about the fact that FUD vanished from the market and then with every block that is mined we get 1 step closer to activation of SegWit and now we are nearing the time when FOMO kicks in.
the latest candle shows a small sign of this FOMO with its sharp rise about $100
staff
Activity: 3500
Merit: 6152
I believe the hardfork they are talking about is "Bitcoin ABC". If we manage to activate SegWit in the upcoming days or hours, we will still have to deal with the possibility of the block size increase hardfork in November because that what the New York agreement was about.
legendary
Activity: 1204
Merit: 1028
https://twitter.com/coinbase/status/887703206435758080

https://blog.gdax.com/uahf-a703b6a13115

As soon as we saw the news of the ridiculous hardfork getting rejected by big exchanges the price started skyrocketing, along with BIP91 activation soon lockin segwit.

Now after segwit locks in, all we need is that everyone makes sure to keep running Bitcoin Core and not btc1 (segwit2x software) in order to keep certainty instead of risking a 40 billion market running some subpar software, and we will go to $10,000 soon as it becomes clear no hardfork is going to happen.
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